Logistics News

UAE and DP World team up to hold counter-piracy conferenceApr 11, 2011

THE United Arab Emirates is holding a counter-piracy conference jointly organised by port operator DP World in Dubai on April 18-19. Several foreign ministers, shipping line CEOs and a number of experts on maritime issues and international law will participate in the event, said a statement distributed by FeedBurner. Parallel to the main conference, the...

Taiwan products enjoy US$1.1 million tariff cut at Jiangsu customsApr 11, 2011

SINCE implementation of the Economic Cooperation Framework Agreement's (ECFA ) early harvest list roll-out in January, there have been 259 batches of Taiwanese products valued at US$48.5 million enjoying tariff exemptions or reductions at the Jiangsu customs during the first two months of the year, representing an overall saving of CNY6.9 million (US$1.1 m...

Ningxia's Wuzhong city to build US$1.36 billion on logistics centreApr 11, 2011

WUZHONG, a city in northwest China hinterland's Ningxia Autonomous Region, plans to build a CNY8.9 billion (US$1.36 billion) a trade and logistics centre, Xinhua reports. Construction is scheduled to be finished by the end of 2013. It is able to achieve a transaction value of CNY10 million and generate tax revenue of CNY750 million for the government. ...

APL upsizes North Asia Philippines Express (NPX)Apr 8, 2011

APL has expanded its North Asia Philippines Express (NPX) feeder service to cover Central China and Manila in the Philippines beginning this month. Service enhancements also include two weekly calls to Manila from Kaohsiung for improved connectivity across Asia. “Extending the NPX service will enhance our Intra-Asia network and better serve dynamic...

CMA CGM, Michelin Reject Rate DerivativesApr 8, 2011

A senior official at CMA CGM says the world's third-largest container line will not participate in a freight rate derivative market, criticizing the market's Shanghai-based index as a "speculative tool" built on narrow and faulty information. "We are not interested in this market," Nicolas Sartini, senior vice president for Asia-Europe liner trade at Fr...

Global Container Traffic Hits All Time HighApr 8, 2011

Global ocean container traffic reached an all-time high of 560 million 20-foot equivalent units in 2010, driven by surging volume at Chinese ports, according to Alphaliner. This followed a record year-on-year increase of 14.5 percent over 2009, when the first annual drop in the history of containerization shrunk overall port traffic 8.9 percent, the Pari...

Saudi Air Cargo to launch customer for Route MapperApr 8, 2011

SAUDI Airlines Cargo is to become the launch customer for OAG Cargo's new Route Mapper (RM) tool, reports Perth, Australia's Aircargo Asia Pacific. "The new application will help the airline's cargo customers perform a series of tasks, such as searching online for Saudi Airlines Cargo flights and flight-related information," said Saudi Airlines Cargo ...

Volga-Dnepr delivers cooling pump to leaking Fukushima nuclear plantApr 8, 2011

VOLGA Dnepr Airlines says it has completed an urgent delivery from Stuttgart to Tokyo of a large pump to help cool the damaged reactors at the Fukushima nuclear power plant and bring them back under control. The 60 tons of equipment, anboard an AN-124-100 freighter, included a truck-mounted pump produced by Germany's Putzmeister, which has a 62-metre boo...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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